Short Gail Futures - It's trading near it's resistance zone and it's showing reversal signal in ongoing signal .
It's a very good risk to reward oppertunity .
Stop can be placed at 400 and target could be 370-360
It's a very good risk to reward oppertunity .
Stop can be placed at 400 and target could be 370-360
Comment:
It fell sharply .... Down 3% today ... LTP 376.35
Lot size : 2667
Price change : 388.40 - 376.35 = 12 Rs
Profit = 2667 * 12 = 32000 Rs
It fell sharply .... Down 3% today ... LTP 376.35
Lot size : 2667
Price change : 388.40 - 376.35 = 12 Rs
Profit = 2667 * 12 = 32000 Rs
Trade closed: target reached:
370 target reached
Comment:
Second target also achieved .
From 388.40 to 383.95 now